Wednesday, April 3, 2013

S&P CNX Nifty for 4 April 2013.

The tipping point for the day is at 5690 with immediate support at 5655. A breach of 5655 will see further erosion sliding towards the rock support of 5558.
On the flip side the market will have to conquer the stiff resistances at 5676, 5692 and 5715 for any hope of return of bulls.
Our outlook for the day is a bit more of the downside and more consolidation at lower levels.

No comments:

Post a Comment